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Market Experts' Own Words on Central Bank Actions

2y ago


July 5 (Bloomberg) -- Maury Harris, chief economist at UBS Securities LLC, Timothy Bitsberger, a managing director at BNP Paribas, and Nathan Sheets, global head of international economics at Citigroup Inc., offer their views on today's actions by central banks aimed at stimulating the global economy. Central banks went on the offensive against the faltering world economy, cutting interest rates and increasing bond buying as a round of international stimulus gathers pace. This report also contains comments from European Central Bank President Mario Draghi; Joerg Kraemer, chief economist at Commerzbank AG, and Nick Stamenkovic, a fixed-income strategist at RIA Capital Markets Ltd. (Source: Bloomberg)